What HUD offices serve Grant County, Indiana?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Grant County.
How many renters live in Grant County, Indiana?
The County of Grant County has 66,022 people living in 26,560 households.
There are 12,463 renters living in 6,049 renter households in this County. Renters make up 18.88 percent of the population living in Grant County.
What is the rental market like in Grant County, Indiana?
There are an estimated 29,856 housing units in the Grant County area. Of these, 8,080 units are rental homes, making up 27 percent of the housing market. For every renter household in Grant County, Indiana, there are 1 rental units.
What is the vacancy rate for rentals in Grant County?
The rental vacancy rate in Grant County is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Grant County for each bedroom size?
Occupied Rental Units by Size in Grant County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 407 | 1,825 | 2,427 | 2,266 | 402 |
Occupied Rental Units by Size in Grant County
A large number of apartments in Grant County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Grant County are overburdened by housing costs?
Among renter households in this market, 39 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Grant County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $585 to $1,285. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $585 |
| One BR | $684 |
| Two BR | $863 |
| Three BR | $1,119 |
| Four BR | $1,285 |
2024 Fair Market Rents in Grant County, Indiana
How many units are rented at Fair Market Rent (FMR) in Grant County?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 209 | 51 percent |
| One BR | 1,198 | 66 percent |
| Two BR | 1,353 | 56 percent |
Rental Units Below FMR in Grant County, Indiana
How many affordable rental units are in Grant County?
There are a variety of federal affordable housing programs serving households in Grant County, Indiana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 289 |
| Public Housing | 219 |
| Section 8 Project-Based Rental Assistance | 624 |
| Section 202 Supportive Housing for the Elderly | 88 |
| Section 811 Supportive Housing for Persons with Disabilities | 58 |
| USDA Section 515 Rural Rental Housing | 235 |
Tracked Units by Federal Program in Grant County, Indiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Grant County, Indiana
Grant County features 1,319 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Grant County, Indiana
There are 613 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grant County.
Housing Choice Vouchers in Grant County, Indiana
On average, Section 8 Housing Choice vouchers pay Grant County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Grant County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Grant County, Indiana for a two-bedroom apartment is between $777 and $949.
Sourced from federal housing data and AffordableHousingOnline.com research.
